Top 10 stocks in focus today: Tata Steel, Tech Mahindra, Jubilant Life
Tata Steel: Tata Steel announces equity partnership with its parent companies for its Canadian Iron Ore Mines, significant milestone in Kalinganagar India and continued pursuit of its European strategy.
Vedanta: The company will announce its Q2 numbers today.
Tech Mahindra: Tech Mahindra posted a net profit of Rs 872 crore for the quarter ended September 30, 2016 as compared to Rs 983 crore for the quarter ended September 30, 2015.
Glenmark Pharma: Glenmark’s consolidated revenue was at Rs 2,224 crore (US$336.55mn) as against Rs 1,909 crore (US$295.45mn) recording an increase of 16.5%.
MOIL: MOIL signed a pact with Madhya Pradesh government to conduct mineral exploration in the state.
Inox Leisure: Inox Leisure reported a decline of 92.6% in its consolidated standalone net profit to Rs 1.58 crore for the second quarter ended September 30, 2016.
Dr Reddy’s Laboratories: FIPB on Thursday cleared seven proposals envisaging foreign investment of Rs 100 crore.
Essel Propack: Packaging firm Essel Propack reported a 27% increase in consolidated net profit at Rs 71 crore for the second quarter ended September.
Noida Toll Bridge: The Supreme Court agreed to hear an appeal against quashing toll or user fee collection from vehicles on Delhi-Noida-Direct (DND) expressway. Noida Toll Bridge Co. Ltd is the concessionaire for the DND flyway.
BEL: The company posted a net profit of Rs 346 crore for the quarter ended September 30, 2016 as compared to Rs 205.8 crore for the quarter ended September 30, 2015.